(810 ILCS 5/9-522)
Sec. 9-522.
Maintenance and destruction of records.
(a) Post-lapse maintenance and retrieval of information. The
filing office shall maintain a record of the information provided in a filed
financing
statement for at least one year after the effectiveness of the financing
statement has
lapsed under Section 9-515 with respect to all secured parties of record. The
record
must be retrievable by using the name of
the debtor and:
(1) if the record was filed in the filing office described in Section 9-501(a)(1), by | ||
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(2) if the record was filed in the filing office described in Section 9-501(a)(2), by | ||
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(b) Destruction of written records. Except to the extent that a
statute governing disposition of public records provides otherwise, the filing
office
immediately may destroy any written record evidencing a financing statement.
However, if the filing office destroys a written record, it shall maintain
another
record of the financing statement which complies with subsection (a).
(Source: P.A. 91-893, eff. 7-1-01.)
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